See Home Value
$532,443*
House - Off Market

5 Colonial Circle

Medicine Lake, MN 55441
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2368 Sqft
$450,000 - $548,000
Reference Base Price*
6.51%
Since Nov 1, 2021
MN-Minneapolis
Primary Model
Sold Jun 22, 2021
$535,000
$360,500 by Pine River State Bank
Mortgage Due Aug 07, 2026
Sold Jun 12, 2019
$444,900
$400,410 by Us Bank Na
Mortgage Due Jul 01, 2049

About This Property

MUST SEE.  You won't want to miss out on this property!  Located in the Wayzata School District, just a block from the beautiful Medicine Lake and the park, and on a cul de sac.  Updates galore, including open concept kitchen, a master bedroom suite with HUGE walk-in closet, and an incredible master bathroom. 4 1/2 garage stalls with a 2 car attached garage and an additional 2 1/2 car detached garage.  Fenced in back yard is perfect for pets.  Quiet street with minimal traffic.  Trails in back of the home for walking, running, and biking.  Location, Location, Location.

The manager has listed the unit size as 2368 square feet.
Unit Size
2,368Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$211
Property Type
House
Property Taxes
$6,105
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 22, 2021 Sold to Gorski Adam L Han, Myrma S ... $535,000
Sold to Gorski Adam L Han, Myrma S ...
May 1, 2021 In contract -
In contract
Apr 15, 2021 Listed $499,900
Listed
Jun 12, 2019 Sold to Jean Abbott, Stephen Abbott $444,900
Sold to Jean Abbott, Stephen Abbott
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2005
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,212
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 2,527
  • Gross Building Area: 2,527
  • Building Area: 2,527
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 2,527
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANCELL ADDN
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 001 MANCELL ADDN N 106X158X100X175

Ownership

  • Current Owner : HAN GORSKI ADAM L
  • Current Owner 2: ORENSTEN MYRMA S
  • Previous Owner : ABBOTT STEPHEN LEIGH
  • Owner Before Previous Owner: HELMAN LORELEI M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayzata Public School District
  • School Tax School District: WAYZATA
  • Census Tract: 026516

Geography

  • Assessors Map Reference: MB:59945
  • District: 79
  • Parcel: 25-118-22-33-0013
  • Block: 1
  • Lot: 5
  • Meridian: SEC 25 QTR 33 TWN 118 RNG 22
  • Municipality: MEDICINE LAKE
  • Latitude: 44.9937
  • Longitude: -93.419

    Address

  • Full Address: 5 Colonial Cir
  • Address - House Number: 5
  • Address - Street Name: Colonial
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 4907
  • Zip Code: 55441

Valuation

    Tax

  • Total Area: 2,527
  • Tax Year: 2023
  • Tax Amount: $7,132

    Appraisal Valuation

  • Standard Deviation: 0.139
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 594,295
  • High Value: 676,961
  • Low Value: 511,628

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $721,000
  • First Open Lien Mortgage Lender: PINE RIVER STATE BANK
  • First Open Lien Mortgage Recording Date: Jun 22, 2021
  • First Open Lien Mortgage Loan Amount: $360,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 07, 2026
  • Second Open Lien Mortgage Loan Amount: $360,500
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $536,000
  • Market Land Value: $134,000
  • Market Improvement Value: $402,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $536,000
  • Assessed Land Value: $134,000
  • Assessed Improvements Value: $402,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11842020783
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05848768
  • Previous Sale Recording Date: Jun 12, 2019
  • Previous Sale Contract Date: Jun 04, 2019
  • Previous Sale Amount: $444,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINE RIVER STATE BANK
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $360,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 07, 2026

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Jun 12, 2019
  • Previous Mortgage Loan Amount: $400,410
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$475,000 Dec 1, 2022
-
-

About Plymouth - Wayzata


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Nearby Rentals

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Frequently Asked Questions

When was property at 5 Colonial Circle built and last sold?
The property at 5 Colonial Circle was built in 1963 and last sold on Jun 7, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 5 Colonial Circle is $508,828.
What are some comparable homes to 5 Colonial Circle?
There are currently no comparable homes to 5 Colonial Circle.

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